Botty Investors LLC boosted its position in shares of Dominion Midstream Partners, LP (NYSE:DM) by 772.9% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,616 shares of the pipeline company’s stock after buying an additional 7,629 shares during the period. Botty Investors LLC’s holdings in Dominion Midstream Partners, were worth $249,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Mariner Investment Group LLC purchased a new position in shares of Dominion Midstream Partners, during the first quarter worth $610,000. Endurance Wealth Management Inc. boosted its position in shares of Dominion Midstream Partners, by 0.8% in the second quarter. Endurance Wealth Management Inc. now owns 215,718 shares of the pipeline company’s stock worth $6,223,000 after buying an additional 1,812 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of Dominion Midstream Partners, by 371.4% in the first quarter. Bank of New York Mellon Corp now owns 36,221 shares of the pipeline company’s stock worth $1,157,000 after buying an additional 28,537 shares during the last quarter. Tiedemann Wealth Management LLC purchased a new position in shares of Dominion Midstream Partners, during the first quarter worth $3,263,000. Finally, Stifel Financial Corp boosted its position in shares of Dominion Midstream Partners, by 0.9% in the first quarter. Stifel Financial Corp now owns 34,978 shares of the pipeline company’s stock worth $1,116,000 after buying an additional 313 shares during the last quarter. Hedge funds and other institutional investors own 58.39% of the company’s stock.

Dominion Midstream Partners, LP (NYSE DM) opened at 26.15 on Wednesday. The firm has a market capitalization of $2.59 billion, a P/E ratio of 19.30 and a beta of 1.67. The stock’s 50 day moving average price is $27.59 and its 200 day moving average price is $29.91. Dominion Midstream Partners, LP has a 12 month low of $23.17 and a 12 month high of $33.70.

Dominion Midstream Partners, (NYSE:DM) last posted its quarterly earnings data on Wednesday, August 2nd. The pipeline company reported $0.31 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by $0.04. The firm had revenue of $115.70 million for the quarter, compared to analyst estimates of $130.04 million. Dominion Midstream Partners, had a return on equity of 1.82% and a net margin of 19.08%. The business’s quarterly revenue was up 35.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.28 EPS. On average, analysts forecast that Dominion Midstream Partners, LP will post $1.48 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 15th. Stockholders of record on Friday, August 4th were issued a dividend of $0.288 per share. This is a positive change from Dominion Midstream Partners,’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Wednesday, August 2nd. This represents a $1.15 annualized dividend and a dividend yield of 4.41%. Dominion Midstream Partners,’s dividend payout ratio (DPR) is presently 84.56%.

TRADEMARK VIOLATION NOTICE: This article was originally posted by Watch List News and is the sole property of of Watch List News. If you are accessing this article on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark laws. The legal version of this article can be accessed at https://www.watchlistnews.com/dominion-midstream-partners-lp-dm-shares-bought-by-botty-investors-llc/1495110.html.

A number of research analysts have commented on DM shares. Scotiabank set a $35.00 price objective on Dominion Midstream Partners, and gave the stock a “buy” rating in a research note on Saturday, July 22nd. TheStreet cut Dominion Midstream Partners, from a “b-” rating to a “c” rating in a research note on Wednesday, May 31st. Royal Bank Of Canada restated a “buy” rating and set a $41.00 price objective on shares of Dominion Midstream Partners, in a research note on Monday, May 8th. Barclays PLC cut Dominion Midstream Partners, from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $37.00 to $32.00 in a research note on Tuesday, July 18th. Finally, Zacks Investment Research upgraded Dominion Midstream Partners, from a “hold” rating to a “strong-buy” rating and set a $33.00 price objective on the stock in a research note on Tuesday, July 4th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company. Dominion Midstream Partners, has a consensus rating of “Buy” and an average target price of $33.78.

Dominion Midstream Partners, Company Profile

Dominion Energy Midstream Partners, LP, formerly Dominion Midstream Partners, LP, is a limited partnership. The Company is formed to grow a portfolio of natural gas terminaling, processing, storage, transportation and related assets. The Company’s segments include Dominion Energy, which consists of gas transportation, liquefied natural gas (LNG) import and storage, and Corporate and Other.

Want to see what other hedge funds are holding DM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Midstream Partners, LP (NYSE:DM).

Institutional Ownership by Quarter for Dominion Midstream Partners, (NYSE:DM)

Receive News & Ratings for Dominion Midstream Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Midstream Partners LP and related companies with Analyst Ratings Network's FREE daily email newsletter.